Org.nr 926 756 338 2021 → 2022 Year-over-year analysis

123 LANDBRUK AS: årsregnskap 2022 vs 2021

Grew 65% on revenue, stronger earnings

approved 2023-04-17; registry 2023-06-01; journal 2023 447017

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 123 LANDBRUK AS. Revenue 604.1k NOK → 994.8k NOK (+64.7%). Net result +2 158 NOK → +289.3k NOK. Equity 526.6k NOK → 815.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 123 LANDBRUK AS.

Scorecard

Revenue
604.1k NOK 994.8k NOK
+64.7%
Operating result
+14.7k NOK +381.4k NOK
+2495.9%
Net result
+2 158 NOK +289.3k NOK
+13308.2%
Equity
526.6k NOK 815.9k NOK
+54.9%
Cash
47.6k NOK 125.5k NOK
+163.6%
Total assets
1.01m NOK 2.86m NOK
+182.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 604.1k NOK to 994.8k NOK (+64.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +14.7k NOK → +381.4k NOK (op. margin 2.4% → 38.3%). Calculated

  • ↑

    Net result improved

    Net result +2 158 NOK → +289.3k NOK (net margin 0.4% → 29.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 526.6k NOK → 815.9k NOK (equity ratio 52.1% → 28.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 47.6k NOK → 125.5k NOK (+163.6% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 9.11× → 0.43× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 358.6k NOK → 395.0k NOK (+10.1% YoY). Calculated